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MI Regular Public School District 4 Schools

Ishpeming Public School District No. 1

ISHPEMING, MI 49849 • Marquette County • 4 Operating Schools
(906) 485-5501
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 677 students
Census F-33 • FY 2024
Total Revenue
$13,868,000
Total Expenditure
$13,357,000
Classroom Instruction
$5,782,000
Outstanding Debt
$10,708,000

Revenue Sources

State Government Funds: $8,042,000 (58%) Local Taxes & Fees: $5,163,000 (37.2%) Federal Aid: $663,000 (4.8%)
State Government Funds $8,042,000 58%
Local Taxes & Fees $5,163,000 37.2%
Federal Aid $663,000 4.8%
Total Revenue $13,868,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,782,000 (43.3%) Support Services: $3,798,000 (28.4%) Capital Outlays: $2,064,000 (15.5%) Other / Operations: $1,713,000 (12.8%)
Classroom Instruction $5,782,000 43.3%
Support Services $3,798,000 28.4%
Capital Outlays $2,064,000 15.5%
Other / Operations $1,713,000 12.8%
Total Expenditure $13,357,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $17,260$17,260FY 2020 Expenditure/Student: $12,386$12,386FY 2020731 stdsFY 2021 Revenue/Student: $16,245$16,245FY 2021 Expenditure/Student: $13,055$13,055FY 2021689 stdsFY 2022 Revenue/Student: $18,166$18,166FY 2022 Expenditure/Student: $16,210$16,210FY 2022673 stdsFY 2023 Revenue/Student: $19,718$19,718FY 2023 Expenditure/Student: $18,711$18,711FY 2023674 stdsFY 2024 Revenue/Student: $20,484$20,484FY 2024 Expenditure/Student: $19,730$19,730FY 2024677 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,484

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 677 $13,868,000 $13,357,000 $5,782,000 $2,064,000 $10,708,000
FY 2023 674 $13,290,000 $12,611,000 $6,107,000 $1,734,000 $9,981,000
FY 2022 673 $12,226,000 $10,909,000 $5,264,000 $522,000 $10,734,000
FY 2021 689 $11,193,000 $8,995,000 $5,008,000 $153,000 $7,530,000
FY 2020 731 $12,617,000 $9,054,000 $4,795,000 $227,000 $8,369,000